Nifty Long term trend is Bullish but It is entering in the sideways zone and may be short term correction will is possible.
Plan A: If it will sustain below 12220 then I may short 12300 call.
Plan B: If it will sustain above 12310 then I may buy NF Fur for the target of next supply zone.
Please find demand and supply zones in the chart
Plan A: If NF will sustain above 12200 then I may short 12100 or 12150 Put or may long Future for the target of next supply zones.
Plan B: If NF will sustain below 12200 then I will wait for 12150 or 12100 level. If it will come to these levels and sustain above this then I will take long position.
Plan C: Avoid Short
Nifty Analysis
As I have mentioned in my earlier posts Nifty target 12195-12238 zone target is done.
Tomorrow I will buy Nifty if it will sustain above 12240.
I will avoid short even if it will trade negative.
After so many weeks I may not make any position in option writing because both side option writing is safe in a sideways zone.
Supply and Demand Zones are...
Plan A: I will buy Nifty if it will come to 11980-12000 zone and if it will Sustain above 11980
Plan B: I will buy Nifty if it will sustain above 11120-11140 Zone
Plan C: If it will come to 11980-12000 but not able to sustain above this zone then
I will wait for a dip to 11900-11920 zone.
tgram at swapnilcofficial
Plan A: Fresh Entry Zone:
-- If it will come to 12055-70 and will sustain above this zone.
-- If it will come to 12020-12035 and will sustain above this zone.
Plan B: NF is trying to come out from the sideways zone 11880-12020.
So Both Side Option writing is may be risky. This is a buy on dips market.
Plan C: Avoid Short Position. The buyer will use every minor...
Plan A: Fresh Entry Zone:
-- If it will come to 12055-70 and will sustain above this zone.
-- If it will come to 12020-12035 and will sustain above this zone.
Plan B: NF is trying to come out from the sideways zone. So Both Side Option Selling is not this option
and it may be risky. This is a buy on dips market.
Plan C: Avoid Short Position. The buyer will use...
Strong Base Shifted to 11900 from 11800
Strong Demand Zone: 11900-11940
Supply Zone: 11980-11995
Supply Zone 12020-12035
Strong Supply Zone: 12150-12160
Plan A: Best Time to Buy when it will come to 11900-11920 Zone
Plan B: Don't Short
tgram at swapnilcofficial
Still Highest OI in 11900 Put.
Nifty will be sideways and may be volatile.
Will prefer to trade in option writing instead to take a vanilla trade.
Tgram at swapnilcofficial
